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To: Jill who wrote (1607)	1/29/2000 7:15:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 35685

Jill, my play is simply to pick up calls at about $10.50 or so with plenty of time. My whole contention is that the most important thing in playing the call options is to give yourself enough time to take advantage of what the Houses are going to inevitably throw at you and that is their incessant but timely manipulation. I feel it takes about six months of time to sit comfortably with these prospects. I do not see what one gains with deep in the money calls when the beneficial nature of the calls themselves is LEVERAGE, LEVERAGE and LEVERAGE. You buy the calls with the idea that the stock is going to move or it is not. With that in mind, I go for the leverage that I can work off of. In other words, if I were holding April calls right now, there is no way I would be motivated to build on those positions, but I cannot say the same six months out. It is my way of telling the Houses to kiss my a--. Voltaire